Ripple & DBS don list RLUSD & sgBENJI for XRP Ledger
Ripple, DBS Digital Exchange (DDEx) and Franklin Templeton don tanda one memorandum of understanding to list RLUSD, Ripple regulated stablecoin, and sgBENJI, tokenized money market fund wey Franklin Templeton get, for XRP Ledger. Accredited investors go fit get 24/7 access to swap RLUSD and sgBENJI for DDEx with small fee and quick settlement for XRP Ledger. For second phase, DBS wan enable repo-style lending by to accept sgBENJI as collateral, make capital usage better. DBS Digital Exchange CEO Lim Wee Kian talk say tori dey for borderless and always-on digital asset solutions. Franklin Templeton own Roger Bayston talk say blockchain get power to change global finance, while Nigel Khakoo from Ripple call am game-changer for on-chain repo markets. This partnership na big move for institutional tokenization and on-chain liquidity solutions.
Bullish
Di partnership wey dey between Ripple, DBS Digital Exchange and Franklin Templeton na clear sign say institutional adoption of the XRP Ledger dey grow. To list RLUSD and sgBENJI on-chain go boost demand for XRP network transactions and fit make XRP token use increase, supporting short-term price gains. To enable repo-style lending wit sgBENJI collateral add new on-chain liquidity channels, we fit drive sustained demand and network activity. For long term, broader integration of TradFi assets wit XRP Ledger fit solidify XRP’s role as a settlement layer and enhance its utility, making price support stronger.